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Note 10 - Stock Ownership Plans
6 Months Ended
Mar. 28, 2021
Notes to Financial Statements  
Share-based Payment Arrangement [Text Block]

10

STOCK OWNERSHIP PLANS

 

A summary of stock option activity during the 26 weeks ended March 28, 2021 follows, as adjusted to give effect to the reverse stock split:

 

(Thousands of Dollars and Shares, Except Per Share Data)

 

Shares

  Weighted Average Exercise Price  Weighted Average Remaining Contractual Term (Years)  Aggregate Intrinsic Value 
                 

Outstanding, September 27, 2020

  41   11.40         

Exercised

              

Cancelled

              
Outstanding, March 28, 2021 41  11.40  1.18  590 
Exercisable, March 28, 2021 41  11.40  1.18  590 

 

Restricted Common Stock

 

The table below summarizes restricted Common Stock activity during the 26 weeks ended March 28, 2021, as adjusted to give effect to the reverse stock split:

 

(Thousands of Shares, Except Per Share Data)

 

Shares

  Weighted Average Grant Date Fair Value 
         

Outstanding, September 27, 2020

  155   21.50 
Vested  (45)  27.70 
Granted  46   11.20 
Cancelled      
Outstanding, March 28, 2021  156   16.70 

 

Total unrecognized compensation expense for unvested restricted Common Stock at March 28, 2021 is $1,320,000, which will be recognized over a weighted average period of 1.7 years.